2017 CPA Exam Changes

Full post here:http://www.superfastcpa.com/2017-cpa-exam-changes/ In this video we’ll walk through the upcoming changes to the 2017 CPA exam. In 2017 there will be several major changes to the CPA exam. The AICPA released an exposure draft titled “Maintaining the Relevance of the Uniform CPA Examination”, with the purpose of tailoring the CPA exam to the market demands of a “higher-order” skillset that CPA candidates need to demonstrate. After reading through the exposure draft and seeing the upcoming changes, it’s safe to say that the CPA exam will likely get even harder. Here’s a summary of the changes... The biggest change is that there will be the added element of “analysis” to the 4 sections. Currently the exam assesses 1) remembering and understanding- which is tested through the MCQs- , and 2) application - which is tested on the task-based simulations. On the 2017 exam, there will be a shift to test “higher order” skills such as “analysis” and “evaluation”. So each of the 4 sections are currently 50% remembering & understanding, and 50% application.